Translator Disclaimer
1 December 2013 Conservation Value of Coral Reefs around Kish Island, Iran
SHIMA MADANI
Author Affiliations +
Abstract

We use a contingent valuation approach to estimate the economic value assigned to Iranian households for the preservation of coral reefs at Kish Island. These coral reefs survive in extreme weather conditions and, therefore, are used as a natural laboratory to study impacts of climate change. A one-and-one-half-bound elicitation process was implemented through a face-to-face survey. The vehicle payment is the purchase of a family pass to visit Kish Island. This pass is valid for five years. The collected funds would be used for conservation purposes. Total willingness to pay for five years of services provided by coral reefs at Kish Island is estimated in the range of US$20 to US$155 million, and from US$1.21 to US$9.13 on a per-household basis. This value is interpreted as a non-use value assigned by Iranian visitors and non-visitors of Kish Island.

JEL Codes: Q50, Q51, Q57

SHIMA MADANI "Conservation Value of Coral Reefs around Kish Island, Iran," Marine Resource Economics 28(4), 331-343, (1 December 2013). https://doi.org/10.5950/0738-1360-28.4.331
Published: 1 December 2013
JOURNAL ARTICLE
13 PAGES

This article is only available to subscribers.
It is not available for individual sale.
+ SAVE TO MY LIBRARY

SHARE
ARTICLE IMPACT
RIGHTS & PERMISSIONS
Get copyright permission
Back to Top